RPC, Inc. Appoints Industry Veteran Gary Kolstad to Enhance Leadership and Growth Strategies
- RPC, Inc. appoints Gary Kolstad to its Board of Directors to enhance leadership in oilfield services.
- Kolstad's extensive industry experience aligns with RPC's operational focus and aims to strengthen service offerings.
- The appointment reflects RPC's proactive strategy to foster innovation and adapt to evolving market dynamics.
RPC, Inc. Welcomes Industry Veteran Gary Kolstad to Board of Directors
RPC, Inc. announces the strategic appointment of Gary Kolstad to its Board of Directors, a move that underscores the company’s commitment to enhancing its leadership in the oilfield services sector. Kolstad, who holds a B.S. in petroleum engineering from Montana Technological University, carries a wealth of experience acquired over a long career in oil and gas services. His previous roles include senior leadership positions such as Chairman and CEO in both public and private companies, which equips him with a robust understanding of the industry’s dynamics and challenges. Richard A. Hubbell, Chairman of the Board at RPC, expresses confidence in Kolstad's ability to provide valuable insights that will help steer the company toward future growth.
Kolstad's extensive background in oilfield services aligns well with RPC's operational focus, which encompasses a comprehensive range of services and equipment for oil and gas exploration, production, and development. The company operates across various significant geographic areas in the United States, including the Gulf of Mexico, mid-continent, southwest, Appalachian, and Rocky Mountain regions, as well as select international markets. By bringing Kolstad onto the board, RPC aims to leverage his expertise to enhance its service offerings and solidify its market position amidst a competitive landscape that is constantly evolving due to technological advancements and changing regulatory environments.
The appointment is not just a reflection of RPC's strategic vision but also an indication of its proactive approach to integrating leadership with deep industry knowledge. Kolstad's involvement is expected to foster innovation and help the company navigate the complexities of the oilfield services market. As RPC continues to expand its footprint, the insights provided by Kolstad may prove crucial in adapting to industry trends and maximizing operational efficiency.
In addition to Kolstad's appointment, RPC remains focused on maintaining strong relationships with independent and major oilfield companies. The company aims to enhance its reputation as a trusted provider of oilfield solutions, which is vital for sustaining long-term partnerships and driving future growth. For any inquiries regarding RPC, potential stakeholders are encouraged to contact Chief Financial Officer Michael L. Schmit or Vice President of Corporate Finance and Investor Relations Joshua Large.
For more details about RPC, Inc. and its latest developments, information can be accessed on their official website at RPC.net. The company’s dedication to improving its service offerings positions it well for the challenges and opportunities that lie ahead in the oil and gas sector.